(American Life Insurance Guide 11/24/2022 News)Wink®️, an American insurance industry data organization, released the data on premiums and brand rankings of retirement annuity insurance accounts in the United States for the third quarter of 2022 before Thanksgiving.Affected by the market interest rate, the rate of return of the savings annuity account with guaranteed fixed income for many years keeps pushing up.The advantage of locking in guaranteed long-term interest has made the MYGA annuity insurance account the most popular annuity product for American families in 2022Q3.

Most Popular: Guaranteed Interest Savings Annuity Accounts

🏆Quarterly Champion: Athene MYG Multi-Year Guaranteed Rate Annuity Account
Screenshot of the official website of Athene Annuity Life Insurance ©️Athene

2022Q3 Athene Savings Annuity Insurance Account Products

🏆Athene – Athene MYG (product evaluation)

3-year interest	5-year interest	7-year interest
5.00%	5.50%	5.55%

*MYG (with MVA) Current rates with $100,000+ as of: 11/23/2022

1. Multi-Year Guaranteed Rate Annuity Insurance Ranking – MYGA

It has been compared to "multi-year high-interest fixed deposit" and "super fixed deposit" MYGA retirement annuity insurance account, also known as savings annuity insurance.

Savings annuity insurance in the third quarter of 2022, deposited into the accountTotal premiums were $274 billion, up nearly 138% year-over-year.This type of annuity account provides policyholders with a fixed rate of interest guaranteed for 1 to 10 years.

Since 2015, the trend of premiums for applications for opening savings annuity accounts is shown in the chart below:

In terms of brand share, Athene USA Insurance Company captured 12.7% of the savings annuity insurance market in the United States during the quarter.New York Life and MassMutual Life competed against each other for the top three.

Top 3 savings annuity insurance brands

#1 Athene USA / Athene Insurance
#2 New York Life / New York Life
#3 MassMutual / Wantong Life

2. Ranking of index annuity insurance companies – FIA

Exponential annuity(Indexed Annuity) in Q2022 3Total premiums written were $209 billion, an increase from the previous quarter in total premiums6.9%, an increase of nearly 20.9% compared to the same period last year, as shown in the figure below.

In terms of brand share, Athene USA Insurance Company ranked first in the indexed annuity insurance market by volume during the quarter, capturing 12% of the market. Allianz Life Insurance(Allianz) and the renamed CorebridgeAIG American International GroupThe market share is gradually catching up, ranking 2nd and 3rd.

Index-type annuity insurance brand ranking Top3

#1 Athene USA / Athene Insurance
#2 Allianz / Allianz Life Insurance
#3 CoreBridge (AIG) / American International Group

The Most Popular Indexed Annuity Insurance Product This Season

🏆Allianz Life – Allianz Benefit Control Annuity(Product Evaluation）

3. Ranking of combined annuity insurance companies – SA

Combination Annuity Insurance, also known as Structured Annuity Insurance, in the fourth quarter of 2022Total premiums were $101 billion, Sales volume decreased by 3.1% from the previous quarter and increased by 11.8% compared with the same period last year.

STRUCTURED ANNUITY sales in the third quarter were $11.4 billion; up 6.0% as compared to the previous quarter, and up 12.5% as compared to the same period, the previous year. Structured annuities have a limited negative floor and limited interest excess that is determined by the performance of an external index or subaccounts.

Noteworthy highlights for structured annuities in the third quarter include Equitable Financial ranking as the #1 carrier in structured annuity sales, with a market share of 26.6. Allianz Life ranked second, while Prudential, Brighthouse Financial, and Lincoln National Life completed the top five carriers in the market, respectively. Equitable Financial's Structured Capital Strategies Plus 21 was the #1 selling structured annuity, for all channels combined, for the sixth consecutive quarter.

The history of account opening and premium for combined annuity insurance is shown in the figure below.

Equitable Financial continued to rank first in sales in the combined annuity insurance market in 2022Q3.followed byAllianz Life Insurance(Allianz).

Combined annuity insurance company ranked Top3

#1 Equitable / Fair Life Insurance
#2 Allianz / Allianz Life Insurance
#4 Brighthouse Financial / Ming House Life Insurance

This season's most popular combined annuity insurance product

🏆Fair Life Insurance – Structured Capital Strategies Plus 21

3. Ranking of Security Annuity Insurance Companies – VA

Security annuityin the fourth quarter of 2022Premiums totaled $133 billion.Affected by the decline in the U.S. stock market, the premiums of securities annuity insurance accounts continued to decline, falling by 15.9% from the previous quarter; compared with the same period last year, it fell by 37.8%. The historical trend of account premiums is shown in the figure below.

Jackson National Life Insurance Company continued to rank first in sales in the securities annuity insurance market, with a market share of around 21%.New York Life entered the top 3 in the market during the quarter.

Securities Annuity Insurance Company Ranking Top 3

#1 Jackson National / Jackson National Life Insurance
#2 Equitable Financial / Fair Life Insurance
#3 New York Life / New York Life Insurance

The best-selling security annuity insurance product

🏆Jackson National Life – Jackson National Perspective II(evaluation)

4. Ranking of traditional fixed benefit annuity insurance companies – FA

Traditional Fixed Income Annuities(Fixed Annuity)'s overall market sales in the third quarter of 2022 is $3 million, and the overall market share is less than 4.5%, as shown in the figure below.Due to the low popularity, American Life Insurance Guide Network will stop reporting this type of insurance market data later.

A fixed-income annuity is similar to a fixed deposit in a bank, in that the insurance company will provide a fixed interest rate, usually only guaranteed for one year.

2022Q3 Annuity Insurance Ranking Summary

According to the release of LifeTank©️"American annuity insurance product type comparison price and advantages and disadvantages"Category of Annuity Insurance Types Offered, All U.S. Annuity Insurance Products Except Immediate Income Annuities," as of Q2022 3Gross premiums were $724 billion, up 21% from gross premiums deposited in the same period last year.

The figure below shows the overall market share of the annuity insurance types participating in the data ranking:

The types of annuity insurance participating in the statistics and the market share distribution are as follows:

Multi-Year Guaranteed Interest Savings Annuity (MYGA/Multi-Year Annuity). 37.8%
Indexed Annuity. 29.0%
Securities Annuity (Variable Annuity). 18.5%
Structured Annuity. 14.1%
Traditional Fixed Income Annuities (Fixed Annuity). 0.6%

In the third quarter of 2022, with continued inflation expectations and interest rate hike expectations, market risk aversion continues to heat up, providing safer and higher returnFixed Income (Non-Securities)The annuity insurance account became the most popular insurance account product this quarter. (full text)

US Annuity Insurance Latest Rates — >>**Click to enter the US Retirement Annuity Income Self-Service Quotation System**<<

appendix
*"WINK, INC. RELEASES 3ST QUARTER, 2023 DEFERRED ANNUITY SALES RESULTS", 11/22/2023, Wink.

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Ranking｜Account premium increased by 138%, 2022Q3 US best-selling annuity insurance brand list